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20121202
20121210
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held a hearing on fema's response to hurricane sandy. senators from new york, rhode island, connecticut and delaware testified before the committee on the challenges their constituents face in the aftermath of the storm and what's needed to move forward. >> good morning, everyone. thank you for joining us for this very important hearing on the response and recovery and the challenges before us to superstorm san joaquin. -- with sandy. we're here today to evaluate the response and recovery effortings in the aftermath of hurricane sandy which struck the northeastern united states on october 29, as the largest-sized storm system in u.s. history. hurricane sandy claimed the lives of more than 120 americans, destroying over 340,000 homes. and over 2 hub,000 businesses and leaving more than 8.5 million families without power, heat or running water for weeks. and i understand in a few neighborhoods and in a few buildings in new york and new jersey that still is the case. the scale of this disaster has created significant housing and transportation challenges and a successful recovery will requ
to help rebuild the state's the were ravaged by hurricane sandy. regional leaders complained wednesday it was not enough. the white house will send the proposal to capitol hill this week. it should be between $45,000,000,000.50 $5 billion, according to officials -- $45 billion and $55 billion, according to officials. both democratic and republican lawmakers from the region quickly expressed disappointment in the pending request and lobby the administration to increase it before sending it to congress. sue in oklahoma on our line for independents. i think we have time for your point. caller: in a column today it said that clinton's 2001 balance the budget spent $1.94 trillion. today the revenue is $2.67 trillion. spending is $3.76 trillion. we are spending $987 billion more than if we had just increased the 2001 budget for inflation and population growth. i understand about the mores. i am incensed, as i think most voters are -- wars. i am incensed, as i think most voters are. host: the chair of the senate banking, housing and urban affairs committee is in his seat. the ring with secret
emergency. think of it as the hurricane sandy or hurricane katrina of the housing market. maybe the public sector ought to say -- the economists say we should write the check for the treasury and we should go back to starting the future homebuyers at a price that is rational. the financing mechanism and the like. i think we should do that, with there are limits to how far you can do that. there are limits to what you can do with the pricing. when the private market comes in, they're going to take those and take the business away from the fha. i will celebrate that, because that is business that the private sector should do. we are waiting for it to come in order to get them into that market. >> any changes you think the fha ought to be considering? sometimes we hear about the fha crowding out private capital. do you think there is a case to be made to bring the fha loan limits down? >> no, i do not. the product -- the problem with this point for the private sector is it is not they're not all may for the 700,000 and under. it is not there for the 700,000 and over either. the private sector
as we've seen from katrina under a republican administration, we've seen from sandy under a democratic administration, the federal government is not the best answer for getting help quickly enough to people. it was the private sector that got gassed and -- gas and water and help most quickly to people who suffered from hurricane katrina and from hurricane sandy. but a proposal to cap charitable contributions as deductions would end up killing charities and forcing people to come begging, oh, please, government, would you please give me a morsel, give me another crumb? so which ever party happens to be in power gets more power. republican or democrat. and we've got to stop that cycle of dependency. we have got to help people reach their god-given potential. and so, when you hear about fair share, you want an equal percentage tax, let's have one for warren buffett and the same rate for his secretary. let's make the income tax, the corporate tax, the capital gains tax, the gift tax, the estate tax, let's just make them all 15% across the board. i'll never have a problem with estate tax. b
by the military threat is important. as sandy indicated, the iranians to respond to credible threats of force. -- do respond to credible threats of force. if you read the biographies of the hostage-takers, they said they were afraid ronald reagan was going to act like a cowboy. the release the hostages the minute he was sworn in. the soviets threatened to bomb tehran, and the hostages were let go. it is important to note that the iran-iraq war came to win and win the u.s. mistakenly shot down an american civil airliner. the ayatollah cooper made a speech saying that the cards were such -- ayatollah made a speech saying that the cards were such that he had to take the best deal he could. there was a lesson there. the iranians back down in the face of a credible threat of force. if you were the iranians, you are thinking to yourself, what can i learn from the example of india and pakistan? india and pakistan detonated a nuclear bombs. there were sanctions imposed on them. a few years later, those sanctions were lifted. if you're an iranian, you think yourself, all i have to do is get the bomb a
for damage related to sandy, and i think tomorrow would be that day. at least according to press reports. the gentleman may know that the fema director testified to the house yesterday that the agency can meet its need through the spring associated with the disaster. approximately $2 billion has been delivered with about $5 billion remaining in the disaster relief fund. so, again, no one is here saying we don't want to deliver the necessary aid to the victims because that is a priority. and -- but looking forward to receiving that request and taking a look at the numbers and the need to make sure we can move forward on that as well. and lastly, mr. speaker, postal reform. you know, the gentleman and i have, yes, talked about this a lot. know that the issue has to do with the obligations of the postal service and how we can address those to create a more balanced prospect for the future, to allow for its continuance. so we are looking at that as well and the gentleman knows there's a lot of discussion, both bipartisan and bicameral, on that issue as well. and i yield back. mr. hoyer: i th
] >> christie? i thought you were talking about sandy right now. >> [inaudible] >> i do not know that. i had a meeting with governor cuomo and i met with mayor bloomberg. they showed me the documentation of the challenges they're facing in their communities. they know that i am committed to the social compact the but we have to be there for people in times of natural disaster. one of the first things i -- that happen to me was the earthquake. if you ever want to feel helpless, but to people who have just been a victim of a natural disaster and help them feel positive about what the prospects are. i will be happy to work with the matter. -- whomever. it is in the public domain, but in terms of their communities and the impact on their communities. we'll be working with their colleagues in a bipartisan way to address those needs. it will be part of the package that will include not going over the fiscal cliff. i did talk to the president about these matters. >> [inaudible] can you give us a concrete sense of for this negotiation stand right now? what is really going on? >> maybe they are not t
falling to seven 0.7%, the lowest since december 2008. it had been concerns that hurricane sandy could affect the numbers however the government said it had a minimal of fact. the associated press rights hiring remains steady during the storm and in the face of looming tax increases. the government said employees -- employers added fewer jobs in october and november than initially estimated and the unemployment rate fell from 7.9% in october mostly because some people started looking for jobs. there were signs that the storm disrupted economic activity. and employment dropped 20,000 and weather prevented 369,000 people from getting to work. they were counted as employed come. apply today on c-span, james taylor talks about election reform. he will be at the national press club and that will be live at 1:00 p.m. eastern. at 7:00, virginia senator mark warner will discuss legislation that would allow more highly skilled immigrants into the u.s.. he is in a forum hosted by the university of virginia live at 7:00 p.m. eastern here on c- span. >> white the writers institute? >> i think the
Search Results 0 to 7 of about 8